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06. Trailing Stop Market Order

A Trailing Stop Market Order is a Market Buy or Sell Order that is triggered once a cryptocurrency touches a trailing amount set by the user.

Desktop

  • Login to https://ndax.io/
  • Once you log in you will be redirected to your dashboard
  • Click TRADE on the left-hand side of the screen
  • On the trade page, click BUY (Green button) or SELL (Red Button) on the right side of the screen
  • Click the small GREY ARROW in the upper left corner of the screen to pick the CRYPTOCURRENCY/CAD
  • Click the small GREY ARROW on the pop-up to display the dropdown list of Advanced trade orders
  • Click on TRAILING STOP MARKET
  • Enter ORDER SIZE
  • Enter LIMIT PRICE
  • Enter STOP PRICE (the specified price when the order will turn into a limit order)
  • Click PLACE BUY/SELL ORDER

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Mobile Website

  • Login to NDAX
  • Click the NDAX SYMBOL on the top left-hand corner
  • Click TRADE from the dropdown menu
  • On the trade page, click BUY (Green button) or SELL (Red Button) at the bottom of the screen
  • Click the small GREY ARROW on the upper left corner and select the BTC/CAD pair
  • Select TRAILING STOP MARKET
  • Enter ORDER SIZE
  • Enter LIMIT PRICE
  • Enter STOP PRICE (the specified price when the order will turn into a limit order)
  • Click PLACE BUY/SELL ORDER


To learn more about Trailing Stop Market Orders, check out our blog:
Advanced Trading: Bitcoin Trailing Stop Market Order


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Other order types: